Accidents can happen anytime, anywhere, and their financial impact can be overwhelming. Care Personal Accident Insurance, available on InsureMile, offers financial security against accidental injuries, disabilities, and death. If you’re considering this policy, here are some frequently asked questions to help you understand its benefits and features.
1. What is Care Personal Accident Insurance?
Care Personal Accident Insurance is a policy designed to provide financial protection in case of accidental injuries, disabilities, or death. It covers medical expenses, hospitalization costs, and provides compensation for income loss due to accident-related disabilities.
2. How Can I Buy Care Personal Accident Insurance from InsureMile?
As a leading insurance web aggregator, InsureMile helps you compare and purchase Care Personal Accident Insurance online with ease. Simply visit InsureMile.in, explore different plans, and choose the best coverage that fits your needs.
3. Who Should Buy Care Personal Accident Insurance?
This policy is ideal for:
✔️ Salaried individuals who depend on a steady income.
✔️ Self-employed professionals who lack employer-provided accident coverage.
✔️ High-risk job workers such as construction workers, delivery agents, and factory employees.
✔️ Frequent travelers who are more exposed to road or flight accidents.
✔️ Families with a single earning member who need financial security.
4. What Does Care Personal Accident Insurance Cover?
With Care Personal Accident Insurance, you get:
✅ Accidental Death Benefit – Lump sum payout to your nominee in case of accidental death.
✅ Permanent Total Disability – Compensation if you suffer a permanent disability due to an accident.
✅ Permanent Partial Disability – Coverage for partial disabilities like loss of limbs or eyesight.
✅ Temporary Total Disability – Compensation for income loss if you’re temporarily unable to work.
✅ Medical Expenses & Hospitalization – Covers accident-related treatment costs.
✅ Ambulance Charges – Pays for emergency transportation.
5. What Are the Exclusions in Care Personal Accident Insurance?
While it covers a wide range of accidental scenarios, the policy does not cover:
❌ Self-inflicted injuries or suicide attempts.
❌ Injuries sustained under the influence of alcohol or drugs.
❌ Accidents due to reckless activities like racing or adventure sports (unless add-ons are included).
❌ Pre-existing disabilities or conditions.
❌ Natural deaths or deaths due to illness.
6. How Much Coverage Should I Opt For?
Your coverage amount should be based on:
- Your income and financial liabilities (experts recommend coverage of at least 10 times your annual income).
- Your profession and risk factors (high-risk jobs require higher coverage).
- Your medical and living expenses (consider hospitalization costs).
7. Can I Have Care Personal Accident Insurance Along with Health Insurance?
Yes! While health insurance covers medical treatments, Care Personal Accident Insurance specifically protects against injuries and disabilities caused by accidents. Having both ensures comprehensive protection.
8. What is the Age Limit for Buying This Policy?
Most insurers offer Care Personal Accident Insurance for individuals aged 18 to 65 years, with some policies extending coverage to senior citizens.
9. How Does the Claim Process Work?
Filing a claim is simple with InsureMile’s assistance:
1️⃣ Report the accident to the insurer as soon as possible.
2️⃣ Submit necessary documents (FIR, medical reports, hospital bills, etc.).
3️⃣ Medical evaluation may be required for disability claims.
4️⃣ Claim approval and payout will be processed accordingly.
10. Is the Premium Paid for Care Personal Accident Insurance Tax-Deductible?
No, premiums for personal accident insurance are not eligible for tax deductions under Section 80D of the Income Tax Act. However, any compensation received under the policy is tax-free under Section 10(10D).
11. Can I Buy This Policy for My Family?
Yes, Care Personal Accident Insurance offers family floater plans covering you, your spouse, children, and sometimes even parents. This ensures financial protection for your loved ones in case of accidental injuries.
12. How Does Personal Accident Insurance Differ from Life Insurance?
| Feature | Care Personal Accident Insurance | Life Insurance |
|---|---|---|
| Covers | Accidental injuries, disabilities, and death | Death (natural or accidental) |
| Benefits | Lump sum payout for disabilities & medical expenses | Death benefit to nominee |
| Premium | Low | Higher |
| Coverage Scope | Only for accidents | Covers all causes of death |
13. Can I Buy Care Personal Accident Insurance Online?
Absolutely! InsureMile makes it easy to compare plans and buy Care Personal Accident Insurance online. Visit InsureMile.in to explore plans, check premiums, and purchase the best policy in just a few clicks.
14. What Are the Available Add-Ons?
- Hospital Daily Cash – Fixed payout per day of hospitalization.
- Children’s Education Benefit – Financial aid for children’s education in case of policyholder’s death.
- Repatriation & Funeral Expenses – Covers transport and last rites costs.
- Fracture Benefit – Provides compensation for broken bones due to accidents.
Final Thoughts
Care Personal Accident Insurance, available on InsureMile, is an affordable yet essential policy that protects you and your family from the financial impact of accidents. Whether you’re a working professional, self-employed, or engaged in a high-risk job, this policy provides peace of mind and financial security.
💡 Get your Care Personal Accident Insurance today from InsureMile.in and stay protected against life’s uncertainties!
